Remora Royalties (Remora Royalties) Debt-to-Asset : 0.73 (As of Jun. 2018)

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What is Remora Royalties Debt-to-Asset?

Remora Royalties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $0.00 Mil. Remora Royalties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $55.52 Mil. Remora Royalties's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2018 was $76.17 Mil. Remora Royalties's debt to asset for the quarter that ended in Jun. 2018 was 0.73.

Remora Royalties Debt-to-Asset Historical Data

The historical data trend for Remora Royalties's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Remora Royalties Debt-to-Asset Chart

Remora Royalties Annual Data

Trend

Dec16

Dec17

Debt-to-Asset

1.07

0.74

Remora Royalties Quarterly Data
	Dec16	Dec17	Jun18
Debt-to-Asset	1.07	0.74	0.73

Competitive Comparison of Remora Royalties's Debt-to-Asset

For the subindustry, Remora Royalties's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Remora Royalties's Debt-to-Asset Distribution in the Industry

For the industry and sector, Remora Royalties's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Remora Royalties's Debt-to-Asset falls into.

Remora Royalties Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Remora Royalties's Debt-to-Asset for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	49.186)	/	66.185
	=	0.74

Remora Royalties's Debt-to-Asset for the quarter that ended in Jun. 2018 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	55.515)	/	76.174
	=	0.73

Remora Royalties (NAS:RRI) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Remora Royalties Debt-to-Asset Related Terms

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Remora Royalties (Remora Royalties) Business Description

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